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... now saying things Apple's new mobile payment system ... let's get some insight on the things you need to now helpless we are MarketWatch's Priya Anand and Chris Collins ... trust with security consummate console joining us on a cargo of welcome Tebow thanks obeying that ... things for us and our ladies are with you Priya ... was some below the festival itself with how how this war is this mobile payment system ... this great news is that technology called near field communications which uses short range radio waves ... I'd say devices can communicate with each other and share information so that when you tap your fallen ... on a system that's reading it can no cases of rape fallen ... but but not like it and you can one little placing a two hundred thousand U S stores and places his is Whole Foods and you can go that and this is the one the new fund with what I want bright light now that that would need ID would need to sign up for Netflix Okubo once it was a system officially launches in October this a little bit outside the team in a ... deal announced yesterday when people actually be able to use a ... bomb but the real question is this a safer than using a credit card let's let's get Security Council the guy consultant Chris Colless of trust let ... Chris out what we need to know how safe is this Ummah and increasingly loving catch ... in a little paper money to pay the money ... we don't deal with ... it's actually hard to say ... right now how secure that ... is going to be it certainly seemed like it had a lot of interest is pretty cute features built into it ... with unwind cheaper while ... but into the I phone and Apple they hit the streets and in the hands of security researchers ... and also tell the computer criminals ... aam were talkin everything I could look at ... how well everything is integrated how secure the entire system that all this ... snow ... the salsa things that you would tell people in the absence of knowledge about what actually is that what would you tell people ... if they get the new phone which ... looks a little the from from this but not too much what it's going to do one when using the system ... I would say you know it's ... it's you that it is in interviews and a few comparable ... to other school and have the security provided by international credit card ... aam acknowledged that accounting fallback the cash ... on the onthe like to use ... it you know I can't really argue that the that that one could find out ... aam ... about the issues that the camera and when people at a credit card ... it's in their past accusing Apple pie ... family home field during presentation the reported today that new B B at what the cards on file ... on to people who bought stuff from iTunes or app store ... if you want to ... win in the current treatment that they showed it taking a picture ... and having that tend to be Apple paid ... to them in some fashion ... aam but when things are we looking at noted that ... image ... stored on your phone ... on the to transmit securely ... into something that if your phone that ... led to some way ... someone can get into and you ... go up a picture of the credit card ... aam all the security features built into the apple picking with ... the matter so much to promote and if you feel to do ... that right off the phone and and this and this comes ... right on the heels of a ... fact of life clowns ... I'm thinking you know ... aam is that if the photos embarrassing photos of wanting to get back to a credit card is ... completely a different sort of thing ... the point ... of the ... individual security making terrific and try out words ... of cricket read the account on your I thought ... that this was to open up and proposed to put into the phone in order to open it up ... on IBM could ... be the new payment system ... is not going to be just a silver bullet that can be him completely holds ... the card fraud that really more of a group effort on everyone to pull their own way for retailers to ... go to the security worker uniforms or the skinny on their networks ... the developers have applications to stand ... on the ... manufacturers need to have the equipment to help before the open market and after it was a continued cooking ... continued security more ... goal than eight hundred and twenty one years of research and always working towards continuous improvement all the students to be sad the days when it comes I see very much if ever this with the AEI graphic with this time and from them with thrills ... masa time Top Holdings and able to make payments from the I phone six on I Phones explosive among them every pledges to help us all to send out season benefits that come to expect from using ... them ASA Capets McLaughlin ... chief emerging payments all this I am ASA got so that that's a good sign for a reason when the credit card companies assignment ... is they have most to lose on the facts and they've got about eighty three percent of the the top banks to process interest payments ... on here a few cents payment that got those things on their radar and their partnered with and so it is a good thing is that you actually working with people who handle on the U S transactions ... um but there are still more questions about security and how you know we don't really know ... if this will be born during a league we know you'll which was announced this in light of thank you Brian much Priya Anand ... MarketWatch and in Chris Kellis of trust when we appreciate time